Latest news with #EdwinPalma
Reuters
22-05-2025
- Business
- Reuters
Colombia floats exempting some renewable energy projects from environmental license requirement
BOGOTA, May 22 (Reuters) - Colombia could exempt some renewable energy projects from requiring environmental licenses, Energy and Mines Minister Edwin Palma said on Thursday, in a bid to unblock pending investments from government red tape. Leftist President Gustavo Petro has vowed to carry out a transition away from fossil fuels toward clean energy during his administration, but according to Palma, more than half of renewable energy investments are stalled due to licensing bottlenecks. "It makes no sense for our own government, through these agencies, to be creating obstacles to developing renewable energy," Palma said at a meeting in Barranquilla.
Reuters
19-03-2025
- Business
- Reuters
Colombia preparing electricity auction as shortage warnings loom
CARTAGENA, March 19 (Reuters) - The Colombian government is preparing an electricity generation auction amid warnings of possible future power shortages in the country, Mines and Energy Minister Edwin Palma said on Wednesday. Energy sector associations have warned the country is at risk of a possible blackout in the medium-term due to stalled environmental licensing and authorizations delaying wind and solar energy projects. The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here. "We hope to receive the largest amount of energy, hopefully clean, renewable ... which will allow us to have guaranteed energy so that this country does not suffer what neighboring countries have suffered," Palma said during the Colombia Genera conference in the Caribbean city of Cartagena. Palma said the government is considering a plan to incorporate 6 gigawatts of clean energy into the South American country's electricity grid during President Gustavo Petro's term, which ends in August 2026. The official declined to offer further details, which will be released later this week.
